348 Mariners WayCopiagueNY11726
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Copiague at 348 Mariners Way, Copiague, NY, 11726 uses $138,899 cash to close to unlock $2,613/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $3,016/mo, and a $2,051/mo payment keeps the spread at $218/mo. Purchase price stands at $419,000, and rental yield measures 8.64% with $3,016/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 113.58% and total cumulative return in cash records $157,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,016/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11726, Copiague, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,808 (100%) |
| Owner Occupied HU | 4,396 (64.6%) |
| Renter Occupied HU | 2,078 (30.5%) |
| Vacant Housing Units | 334 ( 4.9%) |
| Median Home Value | $526,496 |
| Average Home Value | $602,544 |
Housing Distribution
Address Breakdown
Residential
5,693
Single Family
5,233
Multi-Family
460
Businesses
613
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